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$775,000

Est. payment - /mo

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0.34 Acres Lot

Active

107 Capitol Hill DR Paso Robles, CA 93446

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Sergio Peña

sergiopena1@gmail.com +1(619) 279-9888

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC25220623

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1936

Lot Size 0.341 Acres

Property Sub-Type Duplex

Property Description

Calling all investors, are you looking for a cash flowing value add property? Here's your opportunity! Welcome to 107 Capitol Hill, a lovingly restored farmhouse duplex on a 14,850 sqft R-2 lot just blocks from downtown Paso Robles. This versatile income generating property is currently a duplex with two separate 2-bedroom, 2-bathroom units—both with fully occupied with long term tenants, renting for $2,750 (downstairs) and $2,650 (upstairs), with utilities included. The upstairs unit was recently renovated with newly textured walls, fresh interior paint, a remodeled kitchen, new luxury vinyl flooring, updated electrical, new appliances, and has lots of storage. Huge potential with the approved permits in place for a 1-bedroom, 1-bathroom ADU garage conversion that could generate an additional $2,000± per month in rental income for a total of $7,350/month or more. If you choose to leave the garage it's a great detached 2-car garage with high ceilings provides excellent workspace or storage, and the spacious yard offers shaded sitting areas, garden space, and a fire pit. With charm, income, and upside potential, this property is a rare Paso Robles opportunity. Lots of options with this large lot and great zoning for potential future development or even a lot split.

Location

State CA

County San Luis Obispo

Area Psor - Paso Robles

Rooms

Other Rooms Guest House Detached, Two On A Lot

Interior

Interior Features Galley Kitchen

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Gas Range, Microwave, Dryer, Washer

Laundry In Kitchen, Stacked

Exterior

Parking Features Door-Multi, Driveway, Garage Faces Front, Garage, Gravel

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Curbs, Gutter(s)

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Hills, Trees/Woods

Roof Type Composition

Accessibility Safe Emergency Egress from Home

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre, Street Level

Faces West

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Colonial, Traditional

Level or Stories Two

Additional Building Guest House Detached, Two On A Lot

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 009523004

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

Listed by Ben Tilbury Keller Williams Realty Central Coast 925-550-6833

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Sergio Peña

Agent | License ID: 01765089

+1(619) 279-9888

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107 Capitol Hill DR Paso Robles, CA 93446

Sergio Peña

Key Details

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Rooms

Interior

Exterior

Building

Others

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107 Capitol Hill DR